Page 2 - Crompton Greaves Consumer Electricals

Brokerages bullish on Crompton Greaves post Q4; stock hits 52-week high

On a yearly basis, Crompton Greaves' profit soared 5.5 per cent to Rs 138.4 crore in the March quarter of FY24, from Rs 131 crore in the March quarter of FY23

Crompton Greaves Consumer Electricals Q4 net profit rises to Rs 133.43 cr

Crompton Greaves Consumer Electricals Ltd on Thursday posted a 1.43 per cent increase in consolidated net profit to Rs 133.43 crore in the March 2024 quarter. The company reported a consolidated net profit of Rs 131.55 crore a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a regulatory filing. During the quarter under review, consolidated revenue from operations was Rs 1,961 crore over Rs 1,790.96 in the year-ago period. The electric consumer durables (ECD) segment clocked revenue of Rs 1,515.98 crore as compared to Rs 1,325.74 crore in the same period a year ago. Lighting products revenue in the quarter was marginally higher at Rs 281.12 crore, up from Rs 278.57 crore in FY23. On the other hand, the revenue from Butterfly, which it acquired last year, was lower at Rs 163.9 crore in the fourth quarter as compared to Rs 186.65 crore in the year-ago period, the filing said. Total expenses were higher at Rs 1,808 crore from Rs 1,637.3 crore in the corresponding

Crompton Greaves stock rallies 5%, hits 52-week high on stable outlook

Crompton aims to deploy over 10,000 solar powered pumps under the PM-KUSUM Scheme in the next few years, in its efforts to make an impact in the energy efficiency category.

Crompton Greaves CE tanks 13%; hits 52-week low as CEO Mathew Job resigns

Going forward, any material changes in growth outlook and improvement in margin guidance by the new management will be key monitorables for the company, ICICI Securities said in a note.

Crompton Electricals reports 18% drop in Q2 profit as expenses surge

Indian household appliance maker Crompton Greaves Consumer Electricals reported a near 18% drop in September-quarter profit, dented by higher expenses and subdued performance

Crompton Greaves Consumer Electricals net profit up 33% at Rs 125.95 cr

Crompton Greaves Consumer Electricals Ltd on Friday reported a 33 per cent increase in consolidated net profit at Rs 125.95 crore in the first quarter ended June 30, on the back of higher sales

Crompton Greaves Consumer Electricals to raise Rs 925 cr via NCDs

Crompton Greaves Consumer Electricals Ltd on Monday said it plans to raise long-term funds up to Rs 925 crore through the issuance of non-convertible debentures on a private placement basis

Butterfly acquisition a boost for Crompton Greaves Consumer's kitchen biz

The Rs 2,076 crore buy to earnings accretive from second year of acquisition

Butterfly Gandhimathi hits record high on open offer by Crompton Greaves

Shares of Crompton Greaves Consumer Electricals also rallied 5 per cent to Rs 396.35 on the BSE in intra-day trade

Sustained growth In fast moving electronics, higher B2C mix to aid Polycab

Despite the correction on Monday, analysts are positive on the stock given multiple triggers

Crompton Consumer: Strong demand, mkt share gains may help sustain growth

Jefferies estimates a 13% annual growth in topline during FY20-23, as well as margin expansion

Crompton Greaves Consumer surges 15% on healthy September quarter results

The company's Ebitda margin improved 380 basis points at 15.8 per cent in Q2FY21

Crompton Greaves Consumer Electricals Q2 net up 28% to Rs 142 crore

The company had posted a net profit of Rs 110.88 crore in the July-September period a year ago, Crompton Greaves Consumer Electricals Ltd (CGCEL) said in a BSE filing

Crompton Greaves Q1 profit falls 39% to Rs 75 crore on lower income

Crompton Greaves Consumer Electricals on Friday reported a 38.90 per cent decline in its consolidated profit to Rs 74.80 crore for the quarter ended June 30, 2020, due to lower income

Crompton Consumer: Cost control, market share gains lend comfort

With products less discretionary and seasonal in nature, company's growth could see faster recovery, say analysts

Crompton surprises Street with Q3 profit; analysts remain bullish on stock

While lighting segment saw continued pricing pressure, the electrical consumer durables segment was the show stopper in December quarter

Crompton Greaves Consumer debuts on stock exchanges

Lists at Rs 126, far higher than PE promoters' open offer price

Crompton Greaves Consumer hits upper circuit on debut

The stock locked in upper circuit of 5% at Rs 135 on the National Stock Exchange.